page_title: The Trump Organization
section_title: Selected completed properties
hierarchical_section_title: The Trump Organization / Real estate / Selected completed properties
caption_attribution_description: English: Trump World Tower and East River in Manhattan, New York City.
context_page_description: The Trump Organization is a group of about 500 business entities of which Donald Trump is the sole or principal owner. About 250 of these entities use the Trump name. The organization was founded in 1923 by Donald Trump's grandmother, Elizabeth Christ Trump, and father, Fred Trump, as E. Trump & Son. Donald Trump began leading it in 1971, renamed it around 1973, and handed off its leadership to his children in 2017.
  The Trump Organization, through its various constituent companies and partnerships, has or has had interests in real estate development, investing, brokerage, sales and marketing, and property management. Trump Organization entities own, operate, invest in, and develop residential real estate, hotels, resorts, residential towers, and golf courses in various countries. They also operate or have operated in construction, hospitality, casinos, entertainment, book and magazine publishing, broadcast media, model management, retail, financial services, food and beverages, business education, online travel, commercial and private aviation and beauty pageants.
context_section_description: Trump Tower, 725 Fifth Avenue, Midtown Manhattan: A 58-story mixed-use tower, the headquarters of the Trump Organization, was developed in partnership with The Equitable, and opened in 1983. Trump bought out the Equitable's stake in 1986, and now owns the office and retail components of the tower. The building also contains the three-story penthouse apartment that was Donald Trump's primary residence until he moved to the White House. The value of the tower was estimated at $450 million in 2017. Trump took out a $100 million mortgage on the building in 2012.
  Trump World Tower, 845 United Nations Plaza, also in Midtown Manhattan: In 2006, Forbes magazine estimated "$290 million in profits and unrealized appreciation" going to Trump.
  AXA Financial Center in Manhattan and 555 California Street in San Francisco: Trump owns a 30 percent stake in these two office buildings, resulting from a property swap involving Riverside South. Trump's stake in the two buildings was estimated to be at least $850 million as of 2013.
  The Trump Building at 40 Wall Street: Trump bought and renovated this building for $1 million in 1995. The pre-tax net operating income at the building as of 2011 was $20.89 million and is valued at $350 million to $400 million, according to the New York Department of Finance. Trump took out a $160 million mortgage attached to the property with an interest rate of 5.71% to use for other investments. Forbes valued the property at $260 million in 2006.
  Trump International Hotel and Tower Chicago: The entire project is valued at $1.2 billion ($112 million stake for Trump).
  Trump International Hotel Las Vegas: A joint development with fellow Forbes 400 members, Phil Ruffin ("key partner"), and Jack Wishna ("minority partner"). In 2006, Trump's stake was estimated at $162 million. In Forbes in March 2017, the Trump International Las Vegas was described as a 50-50 partnership between Donald Sr. and Ruffin, with Eric as the primary manager for the Trump Organization.
  Trump International Hotel and Tower New York: Trump provided his name and expertise to the building's owner (GE) during the building's re-development in 1994 for a fee totaling $40 million ($25 million for project management and $15 million in incentives deriving from the condo sales). Forbes values Trump's stake at $12 million. In March 2010, the penthouse apartment at Trump International Hotel & Tower in New York City sold for $33 million.
  Trump Park Avenue Park Avenue & 59th Street: It is valued at $142 million. Trump owns 23 apartments at Trump Park Avenue, which he rents for rates as high as $100,000 per month, and 19 units at Trump Parc.
  6 East 57th Street: Trump has a leasehold interest on this retail building, adjacent to Trump Tower, through the year 2079. The building was occupied by a Niketown store from 1996 to 2018. The value of Trump's interest was estimated at $470 million as of 2015.
  Mar-a-Lago: A historic estate in Palm Beach, Florida, most of which was converted by Trump into a members-only resort. The property was worth as much as $250 million as of 2013. Trump also owns two neighboring private houses, valued at $6.5 million and $3 million.
  Seven Springs: A 213-acre (86 ha) estate with a 13-bedroom mansion near Bedford, New York. Trump paid $7.5 million for the property in 1995. Local brokers put the property's value at around $40 million as of 2013. Trump had hoped to develop the land with a golf course or houses, but apparently abandoned those plans in 2015.
  Beverly Hills house: A 5-bedroom home purchased by Trump in 2007 for $7 million, and valued at $8.5 to $10 million as of 2013.
  Trump International Hotel Washington, D.C.: The Old Post Office Pavilion, historically known as the Old Post Office and Clock Tower, is a property located at 1100 Pennsylvania Avenue NW in Washington, D.C. The Trump Organization developed the property into a luxury hotel, which opened in September 2016.
caption: The Trump World Tower at United Nations Plaza
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